"We move with the world, but you don’t want to be the leaders on some of these things," Lungisa Fuzile, chief executive officer of Standard Bank Group Ltd.’s South Africa business, told Jennifer Zabasajja Thursday in an interview on Bloomberg Television."You want to be fast followers."
Standard Bank, Africa’s largest lender by assets, will instead monitor the evolution of digital currencies while being mindful of the risks. "We are very interested, we manage our explorations carefully, we do them with heightened interest when we collaborate with our regulators and other banks in the system to understand them better," Fuzile said.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Standard Bank at the forefront of smart agricultural financeSPONSORED | It is critical for Africa’s farmers to understand how climate change affects agriculture and how agriculture influences climate change, says StandardBankZA.
Source: FinancialMail - 🏆 20. / 63 Read more »
Source: SABCNews - 🏆 37. / 51 Read more »